Revised Kyoto Convention Boosts Global Trade Efficiency

Revised Kyoto Convention Boosts Global Trade Efficiency

The 23rd session of the World Customs Organization's (WCO) Revised Kyoto Convention (RKC) Management Committee marked a crucial second phase in the RKC review. The meeting approved the WGRKC's final report and discussed the business case for the RKC review, laying the groundwork for subsequent revisions. The RKC's revision will streamline customs procedures, enhance transparency, and promote global trade facilitation, significantly impacting businesses. This update aims to modernize customs practices and adapt to evolving global trade patterns, ultimately reducing costs and delays for international trade.

12/30/2025 Customs Knowledge
Read More
Brazil Study Reveals Trade Facilitation Opportunities

Brazil Study Reveals Trade Facilitation Opportunities

Brazil's first national Time Release Study (TRS) revealed an average release time of 7.5 days, with customs clearance accounting for less than 10% and private sector processes exceeding half. The study, following the WCO methodology, aims to enhance transparency and promote trade facilitation, with plans to publicly release the raw data. The research underscores the critical role of data-driven approaches in optimizing customs procedures and fostering trade facilitation. It highlights areas for improvement within both public and private sectors to streamline the overall import/export process.

12/30/2025 Customs Knowledge
Read More
Maldives Customs Modernizes Risk Management After WCO Report

Maldives Customs Modernizes Risk Management After WCO Report

The World Customs Organization (WCO) presented a diagnostic report to the Maldives Customs Service, highlighting areas for improvement in customs valuation, post-clearance audit, and risk management. The report recommended establishing a robust risk management system, optimizing valuation processes, and upgrading audit methodologies. The Commissioner General of Maldives Customs pledged to develop an action plan based on the recommendations to enhance customs efficiency and transparency, ultimately fostering economic development. This initiative aims to modernize customs operations and facilitate smoother trade flows for the Maldives.

12/30/2025 Customs Knowledge
Read More
Eswatini Launches Etariff Platform to Enhance Trade Efficiency

Eswatini Launches Etariff Platform to Enhance Trade Efficiency

Eswatini has launched an electronic tariff platform to enhance trade facilitation. A national workshop equipped tax officials with in-depth knowledge of the platform's functionalities, boosting their management capabilities. The platform boasts advantages such as information transparency, operational convenience, and data integration. It is projected to stimulate trade growth, attract foreign investment, and improve competitiveness. With its official launch imminent, Eswatini is poised to become a leader in trade facilitation within Africa. The platform is expected to streamline customs processes and reduce administrative burdens for businesses.

12/30/2025 Customs Knowledge
Read More
Peru Adopts Global Standards for Customs Valuation

Peru Adopts Global Standards for Customs Valuation

Supported by the SECO-WCO Global Trade Facilitation Programme, Peruvian Customs held a virtual forum focusing on customs valuation risk management. Participants exchanged experiences on database applications and discussed optimizing value verification procedures and public-private partnerships to combat valuation irregularities. Peruvian Customs plans to strengthen its value verification system and deepen collaboration with the private sector. The WCO will continue to provide support, enhancing transparency and predictability in cross-border trade. The forum highlighted the importance of efficient and fair customs valuation for trade facilitation.

12/30/2025 Customs Knowledge
Read More
Special Cargo Air Transport Faces Shifting Industry Demands

Special Cargo Air Transport Faces Shifting Industry Demands

This webinar focuses on air freight special cargo, providing an in-depth interpretation of the latest IATA regulatory changes, detailing operational procedures, and sharing risk management strategies. It also explores how technological innovation can enhance supply chain efficiency and transparency, and how to integrate sustainability into air freight operations. Furthermore, it will analyze market demands, the competitive landscape, and emerging market opportunities. Participants are advised to refer to the IATA Dangerous Goods Regulations manual to ensure compliance with the latest standards and best practices.

12/30/2025 Logistics Industry Insights
Read More
New IATA Tool Tracks Aviation Emissions More Accurately

New IATA Tool Tracks Aviation Emissions More Accurately

IATA has launched 'IATA CO2 Connect,' a carbon emission calculator that uses real airline data to accurately calculate the carbon footprint per passenger. This tool considers various factors, including aircraft type, flight distance, fuel consumption, and the use of Sustainable Aviation Fuel (SAF). It aims to enhance transparency in carbon emissions, empowering travelers to make more environmentally conscious travel choices and promoting sustainable development within the aviation industry. By providing precise data, IATA CO2 Connect supports informed decision-making and encourages the adoption of greener practices.

12/30/2025 Logistics Industry Insights
Read More
Amazons Video Marketing Boosts Product Sales Visibility

Amazons Video Marketing Boosts Product Sales Visibility

This article provides an in-depth analysis of Amazon Associated Videos and offers data-driven optimization strategies to help sellers maximize the value of video marketing. It covers the influencer program, optimization of associated videos and main image videos, and specific recommendations on keywords, content, influencer selection, and data tracking. The goal is to help sellers improve product visibility, conversion rates, and sales.

12/31/2025 Logistics Industry Insights
Read More
Chinas Freight Forwarding Sector Faces Challenges and Opportunities

Chinas Freight Forwarding Sector Faces Challenges and Opportunities

This article, based on the interactions of freight forwarder Lieyun on the Jiyun Baodian platform, analyzes the challenges currently facing the freight forwarding industry, including cut-off deadlines, fee transparency, special cargo handling, and policy changes. It also explores opportunities such as informatization, service innovation, and industry integration. The article proposes suggestions for strengthening information technology construction, standardizing operating procedures, and improving service levels, aiming to promote the healthy development of the freight forwarding industry. It emphasizes the need for adaptation and proactive solutions to navigate the evolving landscape.

08/22/2025 Logistics Encyclopedia
Read More
Asian Shippers Push for Transparent Pricing Fair Practices

Asian Shippers Push for Transparent Pricing Fair Practices

The Asian Shippers' Alliance annual meeting adopted an action plan to address rising ocean freight rates and opaque surcharges. The plan includes appeals to the International Chamber of Commerce and the World Trade Organization, advocating for simplified freight rates and reasonable surcharges. It also supports supply chain security measures and urges Asian countries to develop pro-competitive maritime regulations to protect shipper rights. The alliance aims to ensure fee transparency and fair treatment for shippers in the face of increasing costs and complex fee structures in the maritime industry.

09/26/2025 Logistics Industry Insights
Read More